Diaspora Summit Generated Deals Worth N673 million, Creative Sector Leading- NiDCOM

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Abike Dabiri-Erewa, chairman of the Nigerians in Diapaora Commission (NiDCOM) has highlighted that the 2024 diaspora investment summit led to 56 confirmed deals worth N673 million, with the creative sector leading.

The NiDCOM boss made these remarks at a joint press conference in Abuja, preceding the upcoming summit, which is scheduled to run from November 11 to 13, 2025. This year’s theme is: ‘Fast Tracking Regional & National Development By Mobilising Diaspora Investment.’

According to her, the summit of last year saw remarkable engagement, with over 1,500 participants, including 236 investors and 1,197 business owners.

The creative sector led the charge with 39 deals, with infrastructure, real estate, agribusiness, and energy sectors also reporting strong results.

The summit, organised by NiDCOM in collaboration with the Nigerian Diaspora Investment Summit (NDSI), acted as a key event to unlock diaspora capital and link diaspora investors with local entrepreneurs across key sectors such as FinTech, ICT, creative industries, agribusiness, healthcare,real estate, and energy.

Summit success highlights

Since its inception in 2018, the NDIS has established itself as a reliable platform for facilitating “direct, credible and impactful investments” from the Nigerian diaspora into the domestic economy, according to Dabiri-Erewa.

State governments, including Ondo, Nasarawa, and Borno, had previously leveraged the summit to attract investors and advance key development schemes, notably Ondo’s port initiative which subsequently secured Federal Government approval.

Dabiri-Erewa stressed that NDIS has evolved beyond a mere conference to become a catalyst for enterprise and sustainable development, fostering job creation, youth empowerment, and connecting Nigeria’s vast talent pool to its core development agenda.

Dabiri-Erewa also confirmed that President Bola Ahmed Tinubu will attend the summit as the Special Guest of Honour. The NiDCOM chief also offered her commendation to long-standing partners, including DTCA, NIPC, First Bank, NNPC, AG Mortgage, and the media, for their continuous support.

Adding to the call for engagement, Badewa Adejugbe-Williams, Chairperson of the Nigeria Diaspora Summit Initiative (NDSI), underscored the conference’s role as a vital link, attracting capital and unlocking the diaspora’s potential for national growth.

Adejugbe-Williams noted that this year’s theme aligns perfectly with the current administration’s Renewed Hope Agenda, which aims to diversify the economy and drive inclusive growth and sustainable development.

She also issued a call for new sponsors, investors, and media partners to join the initiative.

Dabiri- Erewa also urged Nigerians at home and abroad to seize emerging investment opportunities for the nation’s economic development.

Prospective attendees are encouraged to register online.

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